Skip to main content

About your Search

20121110
20121110
Search Results 0 to 5 of about 6 (some duplicates have been removed)
romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get past the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the cornerstone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the essential points of their candidacies. i think he can point to that. but at the same time, he has to
to repeal these tax cuts for the wealthy, john boehner says no, we're going to stunt growth in the economy if we do that. i think they all agree you have to extend tax cuts at least for the middle class, that's kind of the intersection of the diagram, if you will, where they do agree. the question that i have is there is a way to increase tax rates for the wealthy without just raising the rate to 39.6 from 35, is there a way to do that, say, through tax reform, where you cap deductions for the wealthiest taxpayers, and in effect they will pay a higher rate, but you won't call it a higher rate. so, is that a matter of semantics? >> he says the wealthiest to pay a little more in taxes. i didn't hear him use the number 35% or 39.6%. >> exactly. >> so if they eliminate a lot of deductions and say if you're making more than than amount of money, you're not going to be eligible for these deductions, these loopholes, these tax credits or whatever, is that an area where they can exrie myself. >> he's had a proposal exactly to that effect in the last few years that says the that value of deductions
coming off a smashing re-election victory or speaker of the house john boehner and his tea party cohort determined to hold the line against higher tax rates on the well-to-right now both sides seem to be digging in. president obama used a campaign-style white house appearance today to declare that while he's willing to compromise with the republicans his bisque position has not changed. >> obama: as i said before, we can't just cut our way to prosperity. if we're serious about reducing the deficit we have to combine spending cuts with revenue that means asking the wealthiest americans to pay a little more in taxes. on tuesday night we found out that the majority of americans agree with my approach. and that includes democrats independents, and a lot of republicans. >> eliot: mr. obama also said that he planned to meet with speaker of the house john boehner and other congressional leaders at the white house next year along with business and labor leaders. the president made it clear that even while talks were under way he wanted the house to move quickly to pass a middle class tax freeze
Search Results 0 to 5 of about 6 (some duplicates have been removed)